Royal Caribbean Cruises Ltd. (RCL) has risen sharply, recording gains of 0.58% in the past 4 weeks. However, the stock has corrected -4.94% in the past 1 week, providing a good buying opportunity on dips. Royal Caribbean Cruises Ltd. (RCL) : During the past 4 weeks, traders have been relatively bearish on Royal Caribbean Cruises Ltd. (RCL), hence the stock is down -0.45% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -4.99% relative to the S&P 500.
The stock has recorded a 20-day Moving Average of 1.22% and the 50-Day Moving Average is 1.69%. Royal Caribbean Cruises Ltd. (NYSE:RCL): On Fridays trading session , Opening price of the stock was $71 with an intraday high of $71.78. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $70.5. However, the stock managed to close at $70.8, a loss of 0.34% for the day. On the previous day, the stock had closed at $71.04. The total traded volume of the day was 1,328,785 shares.
The company Insiders own 16.8% of Royal Caribbean Cruises Ltd. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 2.07% . Institutional Investors own 76.11% of Royal Caribbean Cruises Ltd. shares. During last six month period, the net percent change held by insiders has seen a change of 2.07%. Also, Equity analysts at the Brokerage firm Stifel Nicolaus maintains its rating on Royal Caribbean Cruises Ltd. (NYSE:RCL). The rating major has initiated the coverage with buy rating on the shares. The Analysts at Stifel Nicolaus lowers the price target from $94 per share to $93 per share. The rating by the firm was issued on August 3, 2016.
Royal Caribbean Cruises Ltd. (Royal Caribbean) is a cruise company. The Company owns various brands, such as Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruises, CDF Croisieres de France and a 50% joint venture interest in TUI Cruises. Together, these six brands operate a combined 43 ships in the cruise vacation industry with an aggregate capacity of approximately 105,750 berths. The Companys ships operate on a selection of itineraries that call on approximately 480 destinations on all seven continents. Royal Caribbean International offers a variety of itineraries, including Alaska, Asia, Australia, Bahamas, Bermuda, Canada, the Caribbean, Europe, the Panama Canal, South America and New Zealand. Celebrity Cruises offers a variety of itineraries, including Alaska, Asia, Australia, Bermuda, Canada, the Caribbean, Europe, Hawaii, New Zealand, the Panama Canal and South America.